Nifty 50 has made a gap up opening, started bearish candle from the start of the market to the end. The reason for the bearish market is the covid-19 re-lockdown situation and the effect of this on the economy. some of the stocks in the financial sector such as HDFC and HDFC bank made a big red candle followed by NIFTY IT bearish pattern which when combined with the current situation pushed the market towards the bearish pattern. it is very necessary to understand the technical as well as to analyze the data to predict the market behaviour. hence, this is the small video that has tried to analyze tomorrows behaviour of the market.
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